/biz/ - Business & Finance

>Mfw seeing how many sectors are getting absolutely fucked when cheap money has been taken out of the markets.

It's incredible how many companies have been riding on dirt cheap debt getting pumped into the markets.
For example there are a shitload of solar companies that were valued around 5-15 billion just few years ago, that are now in a total death spiral and will go bankrupt if cheap money doesn't return soon.
Same goes for every other speculative play like the EV based stuff and hydrogen markets.
It's like some kind of a Dotcom 2.0 going on across multiple sectors.
We're going to see the number of companies out there get thinned out by a large margin before this ship turns around. On a bright side there's less places for money to go when things turn, making the gains even bigger if you get in at the next bottom.

>>49515141
>That company has done over 7000% in the last three years

Jesus fucking Christ